The four coins that have risen the most today (1000CAI, XAI, MUBARAK, VELODROME) have similar trends. They just launched on Binance and then plummeted, falling by as much as 80-90%. Recently, the market has improved, and the big players first gradually raised the prices to attract speculative funds, stabilizing at a certain price point to allow for buying and selling, then suddenly making a big push.

Many people think that these severely dropped coins can easily double from the bottom, after all, they need to rise seven or eight times to break even. But the truth is, 85% of the projects on Binance are there to "harvest retail investors," leveraging the hype to make a move; if there are many followers buying in, they will continue to push the price up, but if no one follows, it won’t rise. So definitely don’t just hold onto these coins; investment should focus on popular leading coins with strong backers, as these strong players are more likely to keep rising. Don’t waste your money on junk coins.